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Author Topic: What exchange to join?  (Read 3510 times)
bitbob82
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May 19, 2017, 02:49:17 PM
 #61

My opinion on this, I divide my bitcoin to 3 trading sites. Planning to look for more. The reason is what ever happened on my account, for example if polo got hacked and my account is compromise, I still have bitcoin from other trading site. Currently using Poloniex, Bittrex and C-Cex.com
Yes this is a very good strategy to divide all you coins into many accounts instead of keeping all in the same because the online stuff is never 100% safe from the hackers. Your coins are all the time at a risk but only a wise businessman will do it to keep them separate so, to minimize the level of the risk.
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May 19, 2017, 06:28:42 PM
 #62

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My opinion on this, I divide my bitcoin to 3 trading sites. Planning to look for more. The reason is what ever happened on my account, for example if polo got hacked and my account is compromise, I still have bitcoin from other trading site. Currently using Poloniex, Bittrex and C-Cex.com
Yes this is a very good strategy to divide all you coins into many accounts instead of keeping all in the same because the online stuff is never 100% safe from the hackers. Your coins are all the time at a risk but only a wise businessman will do it to keep them separate so, to minimize the level of the risk.
Then what I'm dealing with Bitcoin is constantly in a risk situation. The slightest oversight or inattention can lead to the loss of personal coins. In general, the task is as users still rely on the universal-use bitcoin.

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May 19, 2017, 06:47:37 PM
 #63

My opinion on this, I divide my bitcoin to 3 trading sites. Planning to look for more. The reason is what ever happened on my account, for example if polo got hacked and my account is compromise, I still have bitcoin from other trading site. Currently using Poloniex, Bittrex and C-Cex.com
Yes this is a very good strategy to divide all you coins into many accounts instead of keeping all in the same because the online stuff is never 100% safe from the hackers. Your coins are all the time at a risk but only a wise businessman will do it to keep them separate so, to minimize the level of the risk.
But I do see it is as a level of stupidity if people are still trying to keep their bitcoins in exchange. Because they are failing to learn lessons from previous incident in which exchanges lost thousands of bitcoins in hacking. Having account in multiple exchanges is a good idea but it should be for  the purpose of keeping some balances in different accounts.

My suggestion would be going with highly reputed exchange like poloniex. Other than that, choose your exchange based on availability of listing of your preferred altcoin.

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May 20, 2017, 03:54:17 AM
 #64

My opinion on this, I divide my bitcoin to 3 trading sites. Planning to look for more. The reason is what ever happened on my account, for example if polo got hacked and my account is compromise, I still have bitcoin from other trading site. Currently using Poloniex, Bittrex and C-Cex.com
Yes this is a very good strategy to divide all you coins into many accounts instead of keeping all in the same because the online stuff is never 100% safe from the hackers. Your coins are all the time at a risk but only a wise businessman will do it to keep them separate so, to minimize the level of the risk.
yes that will be right. to me as i have two online wallets, one is for the purpose to sue for trading alt coins or to hold bitcoin in, and the second is which i mostly use for shopping online stuff. in fact it make more easy to arrange my wallet in a right way and secondly it also give me some protection against the hacker having multi accounts.
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May 20, 2017, 05:27:33 AM
 #65

My opinion on this, I divide my bitcoin to 3 trading sites. Planning to look for more. The reason is what ever happened on my account, for example if polo got hacked and my account is compromise, I still have bitcoin from other trading site. Currently using Poloniex, Bittrex and C-Cex.com
Yes this is a very good strategy to divide all you coins into many accounts instead of keeping all in the same because the online stuff is never 100% safe from the hackers. Your coins are all the time at a risk but only a wise businessman will do it to keep them separate so, to minimize the level of the risk.
yes that will be right. to me as i have two online wallets, one is for the purpose to sue for trading alt coins or to hold bitcoin in, and the second is which i mostly use for shopping online stuff. in fact it make more easy to arrange my wallet in a right way and secondly it also give me some protection against the hacker having multi accounts.
That is a good practice for you that you have multiple wallets because you can diversify your bitcoin very well and it will be easy for you to organize your money or bitcoin because you already assigned the wallets for what are their used specifically. For me, i use paper wallet and also online wallet to have hot wallet and cold storage at the same time.
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May 21, 2017, 04:39:48 PM
 #66

I have to go with Poloniex at this. For me it's one of the safest though the alt coins are not as many as those in yobit but at least I'm sure that these are legitimate altcoins that I'm dealing with. I also like how fast their withdrawal time is. I've tried 3 basically. I started with yobit and got victimized with scam coins like Ponzi then I moved to cryptopia before I settled with Polo


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May 21, 2017, 05:54:28 PM
 #67

I like Poloniex and Bittrex due to their high volume trading.  Both exchanges are very reliable but I've been hearing some horror stories on Polo.
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May 25, 2017, 08:29:43 AM
 #68

Coinsmarkets.com  Cheesy
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May 25, 2017, 11:29:09 AM
 #69

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...
Poloneix is the most legit exchange as far as i know.

It has more user friendly options.

If you want to buy newly released coins,then Bittrex is the best exchange as it has more newly released coins listed.
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May 25, 2017, 11:32:47 AM
 #70

poloniex and bittrex are best to me Smiley
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May 25, 2017, 11:37:26 AM
 #71

Poloneix is the most legit exchange as far as i know.

It has more user friendly options.

If you want to buy newly released coins,then Bittrex is the best exchange as it has more newly released coins listed.
Except,their coin manipulation is the highest I've seen.Don't get me wrong,I'm a daily trader at poloniex,I even invest in the most newly listed coins but when they start manipulating things,you will be surprised how they've control over everything you wish to do.To make it more simple,remember the lags and still the coin sells ? They do it on purpose.

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May 25, 2017, 12:28:14 PM
 #72

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...
Currently, I recommend you to use bittrex or Poloniex to buy altcoins which are you looking for. However, if you want to buy bitcoin of course you will buy it throguh fiat money, you don't need to give your ID but you need to send if if you are about to sell your btc for fiat money to make things transaparent and legal.



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June 07, 2017, 10:10:30 PM
 #73

Gotta say that any exchange that doesn't require verification nor uses it as an excuse to freeze accounts will win my membership any day. So of course Poloniex seems to be the obvious choice for most if only for this one very important requirement, or lack of, rather.
Who owns Poloniex? Is it an incorporated entity within US? Backers? 100% legit operation?
Any current delays with regards to withdrawals and if it's US why aren't they obliged to meet the KYC requirements?

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June 07, 2017, 10:17:46 PM
 #74

Except,their coin manipulation is the highest I've seen....I'm a daily trader at poloniex,...but when they start manipulating things,you will be surprised how they've control over everything you wish to do.

To make it more simple,remember the lags and still the coin sells ? They do it on purpose.
The lags are evident when comparing to which other site? That's how they make their money I suppose? What strategy should one implement to mitigate the lags if one is a day trader?

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June 07, 2017, 10:48:52 PM
 #75

For me I recommend bittrex and poloniex these exchange I usually trade an altcoins. So far with the deposits and withdrawals is fast transaction. I feel safe and secure throughout trading session.
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June 08, 2017, 03:10:15 AM
 #76

For me I recommend bittrex and poloniex these exchange I usually trade an altcoins. So far with the deposits and withdrawals is fast transaction. I feel safe and secure throughout trading session.
Have they asked you for ID yet?

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June 08, 2017, 03:34:19 AM
 #77

For me I recommend bittrex and poloniex these exchange I usually trade an altcoins. So far with the deposits and withdrawals is fast transaction. I feel safe and secure throughout trading session.

Indeed bittrex and poloniex have a good reputation for now and I often exchange altcoin through bittrex and poloniex even sometimes I do altcoin trading, and I think so far there is no problem. And for a trading account it does require verification ID
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June 08, 2017, 04:05:32 AM
 #78

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...
Here I will suggest you to use every possible exchange because exchange to exchange sometimes the aptcoims have different price , and also you can't find every altcoin at the single exchange .
Here about one month ago poloniex delisted altcoins 17 without a big reason , so due to elemination you can't found every coin .
For example Sia coin is available at polo and bitrex  but not at every exchange .
But still you can found Sia , ripple , monero at the poloniex exchange .
But here I I'll suggest to resister your account in poloniex , bitrex , yobit , cryptopia  ,livecoin ,c-cex etc .
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June 08, 2017, 04:25:28 AM
 #79

Here I will suggest for you to make or resister your account at three exchange (1) btc-e  (2) bitrex  and (3) poloniex .
If you will make your account at these exchange then I am 100% sure that you will not get loss much in the trading and hopefully the best best altcoins you will get at such exchange . At such types of the exchange you will surely find ripple Montero easily .
But I will suggest you for the 2fa activation because these are safe but still we should remain careful for any type of risk in future .
If you will do trading at other exchange then I don't think that you will be able to make big earning because the speed of trading usually very low at low valued exchange like  nova , cryptopia , livecoin , yobit etc .at these exchange you will found mostly dead altcoins .

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Soranith
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June 08, 2017, 09:14:35 AM
 #80

Hello, I would like to buy many Bitcoins and also altcoins...what exchange would you recommend me that has the most altcoins? Looking to buy like monero, ripple, siacoin, etc...? I really dont want to register on 10 of them and send my ID to every...
You have what you are looking for in poloniex, it's the best exchange site at the moment as for me because personally I have plenty of stocks in alts stored at that exchange, it's good to be confident when you feel your account is secured, never trust small trading sites especially if you are buying big volume of altcoins.

Same here, I have my alts in Polo too and so far so good. Though there were some issue with ddos but I think polo is trying it's best to resolve that one. They actually shutdown the trollbox so that the moderators can focus on assisting the support.  
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